Ocwen Financial got the official go-ahead from the Office of Mortgage Settlement Oversight to lift the foreclosure sale hold placed on more than 17,000 loans earlier this year after it mailed ...

Mortgage servicing giant Ocwen will pay $225 million in refunds and loan forgiveness to Californians, settling allegations that sloppy practices led to violations of state and federal mortgage rules ...

Ocwen Financial's recent regulatory troubles may open the door for New Residential Investment Corp. to transfer its massive subservicing portfolio away from the beleaguered servicer to an affiliate, ...

April 20, 2017 is turning into D-Day for Ocwen Financial. On Thursday, a group of state banking regulators issued a series of cease-and-desist orders to Ocwen that prohibit the acquisition of new ...

Joseph A. Smith Jr., Monitor of the National Mortgage Settlement (NMS or Settlement), has filed a report with the United States District Court for the District of Columbia on his continued review of ...

Ocwen, a subprime special servicer in West Palm Beach, Fla., will nearly double in size when it acquires Litton, which services $41.2 billion of home loans, mostly subprime or distressed debt. Several ...

NEW YORK (AP) — State and federal authorities have sued mortgage servicer Ocwen Financial Corp., saying the company botched the handling of millions of mortgage accounts. The action sent shares of ...

Ocwen said it received the orders from state regulators and is “in the process of reviewing them in detail.” The consumer bureau alleged problems at the company are wide ranging and include ignoring ...

The mortgage-servicing company narrowed its losses but still faces plenty of regulatory challenges. Coming into Wednesday's second-quarter financial report, Ocwen investors wanted to see the company ...

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Ocwen Financial Corporation, a non-bank mortgage servicer and originator, announced that its wholly-owned subsidiary, PHH Mortgage Corporation, entered into an agreement with AmeriHome Mortgage ...

Mortgage servicing giant Ocwen will pay $225 million in refunds and loan forgiveness to Californians, settling allegations that sloppy practices led to violations of state and federal mortgage rules ...